One of the executives was a well-known communications chief for the region's largest public company.

Enterprise Bank taps former Centene, Peabody executives for board of directors

Oct 7, 2022
Brad A. Wachler joined Lewis Rice as a member of the firm’s education practice group. Zach White was named executive chef for Le Meridien St. Louis Clayton and its restaurant, Cafe la Vie. People are also reading…
Goldberg Segalla added Livinus C. Isioma to the firm’s transportation group. Enterprise Bank & Trust hired Kayla Garrett as senior vice president, relationship manager. Nidec Motor Corp. added Flavia Bader as marketing communications manager and Christy Townsley as market manager. Tammy Keesey joined Chamberlain University as president of its St. Louis campus. The UP Cos. promoted Josh Knaust to preconstruction manager at Square UP Builders. Powers Insurance & Risk Management promoted Chris Sullivan to commercial practice leader. Greensfelder, Hemker & Gale added Patrick Schoshinski as counsel and Chloe Cummings and Anna Rudoi as associates in the trusts and estates practice group. Armstrong Teasdale hired Samra Cordic, Charlie Jonas, Melanie E. King, and Zachary Wiersma as associates.

People in Business: KAI promotes; Lewis Rice, Enterprise Bank, Nidec hire

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In Enter. W.D. Pa. June 23, 2022), a lender faced a potentially costly decision when it mistakenly left the word “The” from a borrower’s name. In Ingros, First National Bank provided an initial mortgage on a commercial property owned by The Ingros Family, LLC. The Ingros Family, LLC later refinanced this mortgage with Enterprise Bank, but in preparing the mortgage, Enterprise Bank identified the mortgagor as “Ingros Family, LLC” (without the “The” before Ingros Family). Enterprise Bank learned of this error, and sought to, among other things, reform its mortgage to correct the mortgagor’s name in order to avoid losing priority to a subsequent judgment lien held by Ryan Sharbonno. Enterprise Bank filed its action in state court, but after The Ingros Family, LLC filed for Chapter 11, the case was removed to the bankruptcy court. Sharbonno filed a motion to dismiss Enterprise Bank’s action. The bankruptcy court denied Sharbonno’s motion to dismiss and held that although Enterprise Bank filed its mortgage under an incorrect name, it could still be valid nonetheless, since a reasonable title searcher using the Register of Deed’s index system would still have notice of the mortgage’s existence. Further, the bankruptcy court held that Enterprise Bank had properly stated a cause of action for reformation due to a mutual mistake between The Ingros Family, LLC and Enterprise Bank, especially since it was clear that Enterprise Bank’s refinance proceeds were used to satisfy First National Bank’s original mortgage. While the bankruptcy court’s order is certainly a good one for Enterprise Bank, since this is only at the motion to dismiss stage, it remains to be seen as to whether Enterprise Bank will ultimately prevail. However, the lesson for this case is clear: it is always cheaper to correctly identify a mortgagor on the front end (especially by simply performing a business name search with a Secretary of State’s online directory) rather than have to later litigate the issue.

Crossing the “The”: The Importance of Careful Drafting for Recorded Mortgages

The Clayton-based bank, one of St. Louis' biggest, estimates that 25% to 30% of the small and midsize businesses it works with “are actively involved in conversations regarding succession planning of some type.”

Q&A: Enterprise Bank's Meg Schneithorst sees increase in business succession planning

Enterprise Bancorp, Inc. Announces 2021 Financial Results

Ericom Software (TLV:ERCM-M) develops cyber security software solutions. It offers zero trust secure access solutions that protect organizations from advanced cybersecurity threats, as well as offers remote browser isolation, secure and mobile remote desktop access, and terminal emulation solutions. The company was founded in 1993 and is based in Jerusalem, Israel. In April 2023, Ericom Software was acquired by Cradlepoint. The terms of the transaction were not disclosed.

Ericom Software

NEW YORK -- -- Enterprise Bank , recognized by The Boston Globe as one of the Top Places to Work 2012-2019 , today announced it has chosen Ericom Shield Isolation to protect the bank 's devices and network resources from malicious web-based attacks .

Enterprise Bank Chooses Ericom Shield Remote Browser Isolation to Secure Web Access

National Urban League is a community-based movement devoted to empowering African Americans to enter the economic and social mainstream.

National Urban League

Ultimate Software Group provides cloud-based human capital management (HCM) solutions that design, market, implement, and support cross-industry human resource management and payroll software solutions. On February 20th, 2020, Ultimate Software Group merged with Ultimate Kronos Group.

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Enterprise Bank is a commercial bank located in Nigeria. The bank offers commercial, corporate and personal banking services.

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